Dec 23 (Reuters) - Danish offshore wind developer Orsted has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday. Orsted, the world's largest offshore wind developer, is trying... Continue Reading →
Dominion Energy Releases Responds to Government Suspension of Coastal Virginia Offshore Wind
Dec. 22 (OE) Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project: "The Coastal Virginia Offshore Wind Project (CVOW) is essential for American national security and meeting Virginia’s dramatically growing energy needs, the fastest... Continue Reading →
US freezes five big offshore wind projects, shares dive
Dec 22 (Reuters) - The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies plunging. The suspension was the latest blow for offshore wind developers that have faced repeated disruptions to their... Continue Reading →
Maersk and Seatrium Settle Offshore Wind Dispute
Dec. 22 (offshoreWIND.biz) Singapore-based Seatrium Limited and Phoenix II A/S, an affiliate of Maersk Offshore Wind, have settled their dispute over a Wind Turbine Installation Vessel (WTIV) ordered at Seatrium by Maersk, with Maersk agreeing to accept the delivery of the vessel next year. Back in early October, Maersk terminated the USD 475 million (approximately... Continue Reading →
US Government Debates Reconsidering Approval of Virginia Offshore Wind Project
Dec. 17 (Reuters) The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday. The agency is conducting a review of offshore wind leases to comply with Interior Secretary Doug Burgum's July order to end preferential treatment... Continue Reading →
Petrobras announces signing of strategic partnership with BP in the renewable energy segment in Brazil
December 16, 2025 – Petróleo Brasileiro S.A. - Petrobras announces that it has entered into an agreement to form a strategic partnership in the onshore renewable energy segment through the acquisition of 49.99% of Lightsource bp's subsidiaries in Brazil. The partnership will be structured as a joint venture, with shared management between Petrobras and Lightsource... Continue Reading →
Petrobras Removes Offshore Wind Energy Project in Espírito Santo from Business Plan
Dec. 11 (agazeta.com.br) Petrobras has restructured its low-carbon energy portfolio, reducing its ambition in renewable generation projects and positioning offshore wind energy as a long-term priority. In line with this new strategy, which prioritizes balancing demand and regulatory market evolution, the company maintained only one pilot project in Rio de Janeiro, thus removing broader development... Continue Reading →
Norway Gives Go-Ahead to Two Consortia in Floating Wind Tender
Dec. 11 (OE) The Norwegian Ministry of Energy has decided to award two project areas for floating offshore wind at Utsira Nord to Equinor- Vårgrønn and Deep Wind Offshore Norway-EDF Renouvelables consortia. The ministry said both applicants met qualification requirements and that each group will receive its own project area. Applications were filed by the... Continue Reading →
US Judge Overturns Trump’s Ban on Wind Energy Project Permits
Dec. 9 (offshoreWIND.biz) A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the... Continue Reading →
Ørsted’s Largest German Offshore Wind Farm Produces First Power
Dec. 4 (OE) The Borkum Riffgrund 3 offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, has started delivering power to the German grid. The 913 MW offshore wind farm delivered its first power to the grid on December 3, 2025. The renewable electricity from Borkum Riffgrund 3 will, through several long-term corporate power... Continue Reading →